PPP Loan information for Herman reeves textile sheet metal inc

$610,912

Herman reeves textile sheet metal inc was initially approved for PPP Loan of amount $587,200, the current approved amount is $610,912. The loan was approved on 04/14/2020 by The Truist Bank reported 49 jobs and $610,912 was used to fund payroll.

Herman reeves textile sheet metal inc is Existing or more than 2 years old

HERMAN REEVES TEXTILE SHEET METAL INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

HERMAN REEVES TEXTILE SHEET METAL INC

Borrower Address

1617 E OZARK AVE

Borrower City

GASTONIA

Borrower State

NC

Borrower Zip

28054-3513

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

587200.00

Current Approval Amount

610912.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GASTONIA

Project County Name

GASTON

Project State

NC

Project Zip

28054-3513

CD

NC-14

Jobs Reported

49

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

610912.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

616121.72

Forgiveness Date

03/03/2021

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